Mission
SEE SCHEDULE O
Public Charity
INSTITUTE FOR HEALTHCARE OPTIMIZATION INC
Based in LEXINGTON, MA, INSTITUTE FOR HEALTHCARE OPTIMIZATION INC operates as a Public Charity. The organization reported $3.5M in revenue, $3.0M in expenses, $1.4M in total assets for fiscal year 2025.
EIN: 270373299
LEXINGTON, MA
Research Institutes & Public Policy Analysis
NTEE: G05
Latest filing: 2025
Total Revenue$3.5M
Total Expenses$3.0M
Total Assets$1.4M
Grant Records0
Filing Years2021–2025
Where $100 goes at Institute for Healthcare Optimization Inc
How Institute for Healthcare Optimization Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$79
Programs
the work itself
$21
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $79 for programs
$45
Research and develop tools for application of operations management to healthcare delivery including applied research under contracts with hospitals
$17
Disseminating knowledge on successful application efforts
$17
Educating and training healthcare personnel on theory and application of scientific management methodologies
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
CLERK/EXECUTIVE ASSISTANT
Amy Parrella
SR. VICE PRESIDENT
Cheri Ward
COO (HIRED 7/15/24)/DIRECTOR
Ellis M Knight Md
PRESIDENT/TREASURER/DIRECTOR
Eugene Litvak Phd
DIRECTOR (APPT. 7/11/24)
Jack Kitts Md
VICE PRESIDENT
Julia Krol
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $3.5M | $3.0M | $1.4M |
| 2024 | $2.9M | $2.4M | $1.1M |
| 2023 | $1.0M | $1.2M | $954K |
| 2022 | $733K | $1.1M | $197K |
| 2021 | $1.3M | $1.3M | $754K |
Between 2021 and 2025, reported annual revenue grew from $1.3M to $3.5M (+160%), with total assets most recently reported at $1.4M.
Interactive year-over-year charts and full filing details available with membership.